Better Health Group Secures $175 Million In Growth Capital On Top Of Initial $500 Million Investment To Fund Continued National Expansion
Summary
"Our payor, provider, and investment partners recognize our long track record of success running a scalable, value-based care organization," said Mike Polen, CEO of Better Health Group. The approach helps our patients achieve better health, enables our providers to deliver higher quality and more personalized care, and gives our payor partners greater financial stability. These providers can maintain ownership of their practices and partner with Better Health Groups MSO and ACOs, or they can work as employees at one of its 162 company-owned medical centers. "Almost 90% of our providers deliver savings in value-based arrangements while also achieving the highest quality scores," said Chris Michalik, managing director at Kinderhook Industries. ""Over the past two years, we have shown the healthcare industry that not only does our model work, but its also scalable," said Sidd Pagidipati, Better Health Groups founder and chairman.